Nongshim Q1 Operating Profit 34.3 Billion KRW... Up 21.2% YoY

[Asia Economy Reporter Song Seung-yoon] Nongshim announced on the 16th through a public disclosure that its consolidated sales for the first quarter of this year reached 736.3471 billion KRW, an increase of about 16% compared to the same period last year. Operating profit for the same period was recorded at 34.3 billion KRW, up 21.2%.

Nongshim explained, "The increase in home dining due to the COVID-19 pandemic led to higher sales of our main products, noodles and snacks, and this reflects the growth trend of our overseas business."